Trunorth Bank is a bank based in Peabody, Massachusetts, established in 1888, with $3.3 billion in total assets across 30 branches. By Trust Grade it ranks 3rd of 91 banks we track in Massachusetts. Its capital ratio of 14.8% is stronger than 93% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 1.27% return on assets. No consumer complaints against Trunorth Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Trunorth Bank compares to Massachusetts peers
How we graded Trunorth Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.8% capital ratio)
- Strongly profitable (ROA 1.27%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Trunorth Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (30)
- 1 W Main St, Merrimac, MA 01860
- 129 N Main St, Randolph, MA 02368
- 48 Elm St, Danvers, MA 01923
- 319 Highland Ave, Salem, MA 01970
- 1 Hamilton St, Saugus, MA 01906
- 48 Enon St, Beverly, MA 01915
- 819 S Franklin St, Holbrook, MA 02343
- 708 Middle St, Weymouth, MA 02188
- 87 Sharon St, Stoughton, MA 02072
- 237 S Main St, Middleton, MA 01949
- 248 Andover St, Peabody, MA 01960
- 637 Lowell Street, Peabody, MA 01960
- 6 Harrison Ave, Abington, MA 02351
- 95 N Franklin St, Holbrook, MA 02343
- 254 Cabot St, Beverly, MA 01915
- 1 E Main St, Avon, MA 02322
- 800 Chief Justice Cushing Hwy, Cohasset, MA 02025
- 15 Beach St, Quincy, MA 02170
- 73 Lafayette St, Salem, MA 01970
- 29 S Main St, Newton, NH 03858
- 412 Lynn Fells Pkwy, Saugus, MA 01906
- 1000 Southern Artery, Quincy, MA 02169
- 350 Front St, Marion, MA 02738
- 999 South Washington Street, North Attleboro, MA 02760
- 32 Main St, Peabody, MA 01960
- 497 Washington St, Stoughton, MA 02072
- 1 Rockdale St, Braintree, MA 02184
- 140 Brimbal Ave, Beverly, MA 01915
- 40 S Main St, Cohasset, MA 02025
- 31 Harnden St, Reading, MA 01867
Are deposits at Trunorth Bank insured?
Yes. Trunorth Bank is an FDIC-insured bank (FDIC certificate #26484). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Trunorth Bank: frequently asked questions
Is Trunorth Bank a good bank?
Trunorth Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (14.8% capital ratio); Strongly profitable (ROA 1.27%).
Is Trunorth Bank FDIC-insured?
Yes. Trunorth Bank is a FDIC-insured bank (FDIC certificate #26484). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Trunorth Bank?
Trunorth Bank holds $3.3 billion in total assets, ranking 3rd of 91 banks we track in Massachusetts. It operates 30 branches.
Does Trunorth Bank have CFPB complaints?
No CFPB complaints against Trunorth Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
